Galenfeha, Inc. (GLFH)

[letzgetrich]

To Clarify.............

Right now, all of Ketner's stock has been acquired by open market purchases out of the common. Every single share he owns or controls has been bought in the open market, just like you and me can do right now. He has about $400,000 in stock purchases over the last year.

The 6,750,000 shares he has in the preferred A was purchased in the open market, and moved to the preferred. The preferred A cannot be converted back to common for resale until a 30 day VWAP of $3.50 has been achieved in the GLFH public market. All in the regulatory filings on 8-K's from end of 2016-Jan 2017.

The 1,055,000 common shares he most recently purchased are also going to be moved to the Preferred A. Quoting the Press release:

"The current outstanding common is approximately 70 million. A portion of these shares have been acquired by affiliate open market purchases, and will be moved out of the common into the Preferred Series A."

The affiliates are showing the market right now, that new investors are in front of them for a long time !!!!

All this handwriting on the wall right now !!!